Budget 2019: Highlights for Businesses

Federal Finance Minister Bill Morneau’s election year budget, tabled on March 19th, 2019, forecasted a deficit of $19.8B for fiscal 2019, with deficits projected to decline gradually to $9.8B by 2023. No additional measures were proposed to provide business tax reductions,… Read more »

How Will The Federal Election Impact the SR&ED Program?

[ Image courtesy of the Toronto Star ] During the Leaders’ english debate on October the 3rd, one issue that was broached was the federal SRED (Scientific Research and Experimental Development) business incentive program. Under the existing federal SR&ED program, non-profitable corporations with… Read more »

“It’s the Economy, Stupid”

With a federal election just around the corner, Canada is experiencing weakest GDP growth in almost 17 years.  The deteriorating health of the Canadian economy is reflected in recent polls, in which Canadians now rank the economy ahead of health care… Read more »